InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

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To: S.C. Barnard who wrote (11054)	8/10/1999 8:23:00 PM
From: Lizzie Tudor	Read Replies (1) of 28311

SC, I know the conventional wisdom was that this was short covering in the nets, however a PR today said that the Janus funds have accumulated 10% of Amazon outstanding as of today... this was in the last month and represents additional purchases of about 10mm shares of Amazon. Janus is pretty good, they must be seeing a bottoming out here and we all know how speculative Amazon is. I believe there has been institutional buying in all nets including Gnet for the last few weeks. JMO

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